(ii) You are hereby authorized to make multiple drawings hereunder in
accordance with the terms and conditions described herein, each drawing upon the
presentation of the documentation referred herein above, provided, however,
subject to the provisions of paragraph



(v) below, that the aggregate amount of all drawings hereunder shall in no event
exceed the aggregate maximum amount of the Letter of Credit.

 (iii) This Letter of Credit shall expire, and no drawing hereunder may be
made thereafter, at 5:00 p.m. (EST) on the earliest of the following dates (the
"LOC Expiration Date"): (i) the day which is thirty (30) Days after the
Expiration Date (as defined in the Lease Agreement), or (ii) on the Business Day
on which the aggregate amount of all drawings hereunder, is equal (subject to
the provisions of paragraph (v) herein below) to the aggregate maximum amount of
this Letter of Credit. With respect to paragraph (i) above, it is hereby
expressly provided that in the event that if on or before sixty (60) days prior
to the LOC Expiration Date you do not receive written notice from us whereunder
this Letter of Credit will be renewed on, or a new letter of credit issued in
substantially the form hereof to be effective as of, the LOC Expiration Date
referred to in such paragraph (i), then you may draw against this Letter of
Credit in the manner described herein.

 (iv) For the purpose hereof "Business Day" shall mean any day up to 5:00
p.m. (EST), on such day, other than Saturday and Sunday, on which banks in the
United States of America are not authorized or required to close.